{
  "id": 15951181,
  "title": "Mexican Stock Exchange Profit Rises 1%",
  "url": "https://urgent.news/2026/10/21/mexican-stock-exchange-profit-rises-1",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-21T20:13:00.000Z",
  "source": {
    "name": "The Rio Times",
    "slug": "the-rio-times",
    "url": "https://www.riotimesonline.com/mexican-stock-exchange-profit-rises-2026/"
  },
  "original_language": "en",
  "account": "In the third quarter, Mexico's main stock exchange, Bolsa Mexicana de Valores (Grupo BMV), reported a 1% rise in profit. However, earnings per share fell short of expectations, ending at 0.72 pesos (approximately US$0.04) compared to the forecast of 0.74 pesos (US$0.04). The exchange released its results on October 20, 2026.\n\nFor US investors, the numbers offer insight into the venue where foreign funds purchase Mexican shares and peso bonds. Grupo BMV's daily futures volume jumped 22%, indicating growing demand for hedging as the peso strengthens. Net profit for July to September was 397 million pesos (US$21.5 million), slightly above the 393 million pesos (US$21.3 million) from the previous year.\n\nRevenue increased by 5% to 1.16 billion pesos (US$63 million), with the exchange's average exchange rate of 18.44 pesos to the US dollar on October 21, 2026. Operating profit (EBITDA) rose 2% to 635 million pesos (US$34.4 million), but the EBITDA margin fell to 55% due to costs outpacing sales growth. Earnings per share were 0.72 pesos (US$0.04), a 2.3% increase from the previous year.\n\nGrupo BMV's costs, driven by staff, technology, and depreciation associated with its digital transformation, rose 12% to 606 million pesos (US$32.9 million), holding back profit growth. Futures revenue climbed 19% to 79.6 million pesos (US$4.3 million), while average daily futures volume increased 22%. The US dollar futures market reached a notional value of US$663 million, up from US$474 million, as companies hedged against a stronger peso.\n\nCentral depository Indeval saw assets under custody rise 11% to 48.5 trillion pesos (US$2.6 trillion) and revenue grow 4.8% to 367 million pesos (US$19.9 million), contributing 32% of the group's revenue. Equity trading and clearing revenue dipped 0.9% to 137 million pesos (US$7.4 million), with daily share trading volume at 17.1 billion pesos (US$928 million), up by just 1%.\n\nThe exchange blamed weaker stock market activity and a stronger peso for the revenue decline, as the stronger peso increased the dollar value of peso earnings. However, a quieter market meant fewer fees. The exchange introduced a new simplified listing regime in early October 2026, allowing smaller firms to list more easily. In the first nine months of 2026, Grupo BMV issued 267 billion pesos (US$14.5 billion) in long-term debt, with the state power utility CFE leading at 20 billion pesos (US$1.1 billion).\n\nAs of the end of September, the exchange held 3.65 billion pesos (US$198 million) in cash. Its tax rate declined to 29.3% from 31.1%, contributing to the profit improvement. Grupo BMV paid 1.28 billion pesos (US$69.5 million) in dividends and spent 161 million pesos (US$8.7 million) on share buybacks. Overall, the company earned 1.24 billion pesos (US$67.3 million) in the quarter, up 1%, and generated 1.68 billion pesos (US$91.2 million) in operating cash.",
  "summary": "The operator of Mexico's main stock exchange reported 1% higher third-quarter profit on 20 October 2026, but earnings per share missed forecasts. The post Mexican Stock Exchange Profit Rises 1% appeared first on The Rio Times .",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}